ACTIVE

VEKO RECYCLING

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Financial year 2025 · closed on 31/12/2025
Net result
1,6 M €
-7.8% YoY
Gross margin
1,9 M €
-5.7% YoY
Equity
1,2 M €
-4.8% YoY

What does VEKO RECYCLING do?

VEKO RECYCLING is a Private company with limited liability incorporated in 2011. Its main activity is: Collection of non-hazardous waste. Its registered office is in Ingelmunster.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0833.657.986
Incorporation
03/02/2011
Legal form
Private company with limited liability
Registered office
Meulebekestraat 141
8770 Ingelmunster · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
38110Collection of non-hazardous waste· main38110Collection of non-hazardous waste38120Collection of hazardous waste38120Collection of hazardous waste38210Treatment and disposal of non-hazardous waste38329Recovery of sorted materials+2
Joint committees (1)
  • 14204
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin1,9 M €2 M €2,1 M €2,1 M €1,4 M €1,1 M €707,1 k €609,6 k €312,6 k €279,9 k €273,7 k €120,6 k €67,5 k €84,7 k €42,5 k €
EBITDA1,8 M €2 M €2,1 M €2,1 M €1,3 M €943,8 k €670,6 k €545,6 k €262,2 k €266,3 k €241,9 k €119,4 k €66,3 k €83,6 k €42,2 k €
Operating result1,6 M €1,8 M €1,9 M €2 M €1,3 M €814,4 k €410,7 k €365,1 k €62,1 k €220,9 k €199,8 k €61,1 k €8,4 k €6,7 k €3,1 k €
Net result1,6 M €1,7 M €1,8 M €1,9 M €1,2 M €712,1 k €354,7 k €232 k €41,9 k €138,6 k €152,9 k €45,8 k €1,8 k €749,5 €2,8 k €
Balance sheet
Equity1,2 M €1,3 M €1,3 M €1,3 M €1,1 M €916,5 k €704,4 k €599,7 k €368,6 k €326,7 k €188,1 k €35,2 k €25,4 k €23,6 k €22,8 k €
Total assets5,7 M €3,6 M €3,7 M €3,8 M €2,7 M €2,2 M €2,1 M €1,6 M €1,3 M €773,2 k €495,9 k €409,8 k €395 k €418,3 k €279,6 k €
Cash3,7 M €1,7 M €1,4 M €2 M €2 M €1,4 M €1,2 M €1 M €634,7 k €329,2 k €239,6 k €161,1 k €33,2 k €19,2 k €13,8 k €
Debts4,4 M €2,4 M €2,4 M €2,4 M €1,6 M €1,3 M €1,4 M €952,9 k €972 k €446,4 k €307,8 k €374,7 k €369,6 k €389,3 k €256,8 k €
Other
Workforce––––1,0 ETP1,6 ETP1,0 ETP1,0 ETP1,0 ETP––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

VERKINDEREN ROBBE

Director · since 01 janvier 2024 · 1004.314.838

Represented by Robbe Verkinderen

Active
VERKINDEREN

Director · since 30 avril 2019 · 0425.065.975

Represented by Johan Verkinderen

Active

Ended mandates

VERKINDEREN ROBBE

Director · since 01 janvier 2024 · 1004.314.838

Represented by Robbe Verkinderen

Ended
VERKINDEREN

Director · since 30 avril 2019 · 0425.065.975

Represented by Johan Verkinderen

Ended
VERKINDEREN

Manager · since 30 avril 2019 · 0425.065.975

Represented by Johan Verkinderen

Ended
JERITOP

Manager · since 03 février 2011 · until 12 février 2015 · 0806.302.701

Represented by Ignace DE KOCK

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/04/202609/09/202510/07/202428/06/202331/08/202219/10/2021
General meeting26/03/202622/08/202515/06/202417/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/03/202623/04/2026DutchPDF
Abridged model31/12/202422/08/202509/09/2025DutchPDF
Abridged model31/12/202315/06/202410/07/2024DutchPDF
Abridged model31/12/202217/06/202328/06/2023DutchPDF
Abridged model31/12/202130/06/202231/08/2022DutchPDF
Abridged model31/12/202030/06/202119/10/2021DutchPDF
Abridged model31/12/201905/09/202012/10/2020DutchPDF
Abridged model31/12/201815/06/201918/06/2019DutchPDF
Abridged model31/12/201716/06/201819/06/2018DutchPDF
Micro model31/12/201617/06/201728/06/2017DutchPDF
Abridged model31/12/201518/06/201620/06/2016DutchPDF
Abridged model31/12/201414/02/201520/02/2015DutchPDF
Abridged model31/12/201321/06/201426/06/2014DutchPDF
Abridged model31/12/201215/06/201318/06/2013DutchPDF
Abridged modelCorrection31/12/201116/06/201231/07/2012DutchPDF
Abridged model31/12/201116/06/201219/06/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

VERKINDEREN ROBBE

Director · since 01 janvier 2024 · 1004.314.838

Represented by Robbe Verkinderen

Active
VERKINDEREN

Director · since 30 avril 2019 · 0425.065.975

Represented by Johan Verkinderen

Active

Ended mandates

VERKINDEREN ROBBE

Director · since 01 janvier 2024 · 1004.314.838

Represented by Robbe Verkinderen

Ended
VERKINDEREN

Director · since 30 avril 2019 · 0425.065.975

Represented by Johan Verkinderen

Ended
VERKINDEREN

Manager · since 30 avril 2019 · 0425.065.975

Represented by Johan Verkinderen

Ended
JERITOP

Manager · since 03 février 2011 · until 12 février 2015 · 0806.302.701

Represented by Ignace DE KOCK

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office17/06/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates28/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/02/2015
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Other23/02/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,6 M €↓
  2. 2024
    Annual accounts 20241,7 M €↓
  3. 2023
    Annual accounts 20231,8 M €↓
  4. 2022
    Annual accounts 20221,9 M €↑
  5. 2021
    Annual accounts 20211,2 M €↑
  6. 2020
    Annual accounts 2020712,1 k €↑
  7. 2019
    Annual accounts 2019354,7 k €↑
  8. 2018
    Annual accounts 2018232 k €↑
  9. 2017
    Annual accounts 201741,9 k €↓
  10. 2016
    Annual accounts 2016138,6 k €↓
  11. 2015
    Annual accounts 2015152,9 k €↑
  12. 2014
    Annual accounts 201445,8 k €↑
  13. 2013
    Annual accounts 20131,8 k €↑
  14. 2012
    Annual accounts 2012749,5 €↓
  15. 2011
    Annual accounts 20112,8 k €
  16. 03/02/2011
    IncorporationPrivate company with limited liability